Housing data for Franklin Township (Portage County), OH
Franklin Township (Portage County), OH has an estimated 6,320 residents and 2,890 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a township in Portage County.
39.4% of households rent.
The median gross rent is $971 a month.
Its population grew measurably since 2015–2019 (+6.3%).
Figures last updated on .
- Residents
- 6,320 (±41)
- Housing units
- 2,890 (±236)
- Households that rent
- 39.4%
- Median gross rent
- $971
- Residents since 2015–2019
- +6.3%
What stands out in Franklin Township (Portage County)
Commuting by public transportation: 9.9% (±6.5 points) in Franklin Township (Portage County), higher than in Portage County (0.7%).
Homes in buildings of 5 or more units: 27.6% (±7.6 points) in Franklin Township (Portage County), higher than in Portage County (15.6%).
Households that rent: 39.4% (±7.1 points) in Franklin Township (Portage County), higher than in Portage County (29.9%).
Working from home: 9.6% (±3.7 points) in Franklin Township (Portage County), lower than in Portage County (14.9%).
- Commute and cars in Franklin Township (Portage County)
- Types of homes in Franklin Township (Portage County)
- Renters and owners in Franklin Township (Portage County)
Housing in Franklin Township (Portage County) at a glance
- Median rent: $971 median gross rent a month
- Rent by bedrooms: $1,324 median gross rent, 2 bedrooms
- Rent burden: 69.3% of renters pay 30% or more of income
- Renters and owners: 39.4% of households rent
- Income and affordability: $64,034 median household income
- Home values: $246,300 median home value
- Homeowner costs: $1,629 median monthly cost with a mortgage
- Property taxes: $3,523 median real estate taxes a year
- Types of homes: 27.6% of homes are in buildings of 5 or more units
- Bedrooms: 56.0% of homes have 3 or more bedrooms
- Age of homes: 64.0% of homes were built before 1980
- Vacancy rate: 2.8% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 78.6% heat with utility gas
- Commute and cars: 18.9 minutes average trip to work
- Growth: +6.3% residents since 2015–2019
- How long people stay: 30.1% moved in since 2020
- Crowding and facilities: 4.2% of homes have more than 1 person per room
- Fair Market Rent: $1,260 Small Area FMR, 2 bedrooms (ZIP 44240)
Franklin Township (Portage County) against Portage County, its state and the nation
| Franklin Township (Portage County) | Portage County | Ohio | United States | |
|---|---|---|---|---|
| Residents | 6,320 (±41) | 161,956 (exact) | 11,810,293 (exact) | 334,922,499 |
| Housing units | 2,890 (±236) | 71,325 (±158) | 5,292,391 (±464) | 143,775,355 |
| Households that rent | 39.4% (±7.1 points) | 29.9% (±1.4 points) | 32.8% (±0.3 points) | 34.8% |
| Median gross rent | $971 (±$78) | $1,064 (±$33) | $1,034 (±$5) | $1,413 |
| Median household income | $64,034 (±$15,346) | $75,766 (±$3,140) | $71,389 (±$321) | $80,734 |
| Median home value | $246,300 (±$28,491) | $227,000 (±$5,189) | $214,800 (±$742) | $332,700 |
| Median real estate taxes (a year) | $3,523 (±$453) | $2,877 (±$74) | $2,822 (±$10) | $3,119 |
| Built before 1980 | 64.0% (±10.1 points) | 54.9% (±2.1 points) | 63.4% (±0.2 points) | 49.7% |
| Average commute | 18.9 minutes (±2.7) | 24.8 minutes (±0.6) | 23.4 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 88.3% (±5.7 points) | 89.8% (±1.0 points) | 90.1% (±0.1 points) | 91.0% |
| Median age of residents | 33.7 years (±9.9) | 39.6 years (±0.4) | 39.7 years (±0.2) | 38.9 years |
Franklin Township (Portage County) covers 12.2 square miles of land, about 517 residents per square mile (Census Bureau Gazetteer).
How Franklin Township (Portage County) has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 5,944 (±38) | 6,320 (±41) | +6.3% | Measurable increase |
| Housing units | 2,640 (±233) | 2,890 (±236) | +9.5% | Not a measurable change |
| Median gross rent | $894 (±$104) | $971 (±$78) | +8.6% | No measurable change after inflation |
| Median home value | $184,200 (±$16,138) | $246,300 (±$28,491) | +33.7% | No measurable change after inflation |
| Median household income | $75,602 (±$15,207) | $64,034 (±$15,346) | −15.3% | Down after inflation |
| Median owner cost with a mortgage | $1,541 (±$116) | $1,629 (±$104) | +5.7% | Down after inflation |
| Median real estate taxes | $3,687 (±$253) | $3,523 (±$453) | −4.4% | Down after inflation |
| Households that rent | 30.8% (±5.7 points) | 39.4% (±7.1 points) | +8.6 percentage points | Not a measurable change |
| Rental vacancy rate | 2.3% (±3.0 points) | 2.8% (±3.4 points) | +0.5 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Crime reported to police in Portage County
Franklin Township (Portage County) has no police department of its own in the FBI’s figures, so this is the figure for Portage County as a whole.
In 2025, the police departments that report for Portage County recorded 90 violent and 913 property crimes per 100,000 residents.
A county-wide figure describes the whole county, not this place; crime varies from one community to the next.
ZIP codes in Franklin Township (Portage County)
| ZIP code | Share of the ZIP’s land in this place | Residents | Median gross rent | Median home value | Median household income |
|---|---|---|---|---|---|
| 44240 | 26% | 37,788 | $1,025 | $226,500 | $57,627 |
A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.
Places near Franklin Township (Portage County)
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Sugar Bush Knolls | 1.8 mi | — | $436,500 | 0.0% |
| Kent | 2.4 mi | $991 | $219,900 | 59.2% |
| Streetsboro | 4.2 mi | $1,332 | $220,500 | 34.0% |
| Stow | 4.9 mi | $1,212 | $248,000 | 28.0% |
| Ravenna Township | 5.1 mi | $860 | $162,300 | 16.4% |
| Ravenna | 5.4 mi | $947 | $139,700 | 52.6% |
| Munroe Falls | 5.5 mi | — | $250,800 | 20.8% |
| Brimfield | 5.8 mi | $1,438 | $200,100 | 3.3% |
Places in Ohio most like Franklin Township (Portage County)
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Springfield Township (Ross County) | $997 | $214,600 | $58,309 | 35.0% |
| Groesbeck | $1,065 | $222,300 | $61,984 | 33.9% |
| Mount Carmel | $950 | $226,100 | $70,000 | 38.7% |
| Mentor-on-the-Lake | $1,062 | $188,500 | $67,188 | 38.1% |
| Sharonville | $1,171 | $223,800 | $74,649 | 42.9% |
| Willoughby | $1,171 | $216,900 | $71,309 | 36.6% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Ohio.
HUD Fair Market Rent for Franklin Township (Portage County), fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $886 | $952 | $1,231 | $1,474 | $1,618 |
HUD also publishes a Small Area Fair Market Rent for each ZIP code in the area; the Fair Market Rent page for this place lists its ZIP codes.
HUD income limits for Franklin Township (Portage County), fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $20,450 | $34,000 | $54,400 |
| 2 people | $23,350 | $38,850 | $62,200 |
| 3 people | $27,320 | $43,700 | $69,950 |
| 4 people | $33,000 | $48,550 | $77,700 |
| 5 people | $38,680 | $52,450 | $83,950 |
| 6 people | $44,360 | $56,350 | $90,150 |
| 7 people | $50,040 | $60,250 | $96,350 |
| 8 people | $55,720 | $64,100 | $102,600 |
These are the limits HUD sets for its housing programs in the Akron, OH MSA, where HUD’s median family income for fiscal year 2026 is $97,100.
A program can use its own limits; tax-credit and local programs often do.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Franklin Township (Portage County)
What is the average rent in Franklin Township (Portage County), OH?
The Census Bureau publishes the median rather than the average: the median gross rent in Franklin Township (Portage County) is $971 (±$78) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much is a one-bedroom apartment in Franklin Township (Portage County)?
The median gross rent for a one-bedroom home in Franklin Township (Portage County), OH is $997 (±$96) a month (2020–2024 American Community Survey).
Are renters in Franklin Township (Portage County) rent-burdened?
69.3% of renting households in Franklin Township (Portage County) pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
How many renters are there in Franklin Township (Portage County)?
Franklin Township (Portage County) has an estimated 1,027 (±180) renting households, 39.4% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in Franklin Township (Portage County)?
The median household income in Franklin Township (Portage County) is $64,034 (±$15,346) a year (2020–2024 American Community Survey).
What is the average home value in Franklin Township (Portage County), OH?
The Census Bureau publishes the median: $246,300 (±$28,491) for owner-occupied homes in Franklin Township (Portage County) (2020–2024 American Community Survey).
Is Franklin Township (Portage County) growing?
In Franklin Township (Portage County), the number of residents went from 5,944 in 2015–2019 to 6,320 in 2020–2024 (+6.3%), a measurable increase.
What ZIP codes are in Franklin Township (Portage County)?
The ZIP code that covers Franklin Township (Portage County) is 44240.
What is the median rent in ZIP code 44240?
The median gross rent in ZIP Code Tabulation Area 44240 is $1,025 (±$44) a month (2020–2024 American Community Survey).
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Franklin township, Portage County, Ohio
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Franklin township, Portage County, Ohio
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Franklin township, Portage County, Ohio
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Franklin township, Portage County, Ohio
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Franklin township, Portage County, Ohio
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Franklin township, Portage County, Ohio
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Franklin township, Portage County, Ohio
- HUD Fair Market Rents, fiscal year 2027: Akron, OH MSA
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: Akron, OH MSA
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Franklin township, Portage County, Ohio (county subdivision:28392, in state:39 county:133).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .